Protein Sequencing Market Insights by Evolving Technologies, Growing Demand and Scope Analysis–Forecast till 2023

Protein Sequencing Market Research Report: By Products and Services (Reagents and Consumables, Instruments, Others), by Technology (Mass Spectrometry, Others), by Application (Biotherapeutics, Genetic Engineering, Others), by End User—Forecast till 2023

Market Outlook

The global protein sequencing market is expected to grow significantly over the forecast period. The market held a market value of USD 892.5 million in 2017 and is projected to register a CAGR of 3.6% over the forecast period.

Protein sequencing are methods used for determining the amino acid sequence of proteins or peptides and for the analysis of the sequence. The rising focus on target-based drug development by biotechnology and pharmaceutical companies, growing financial support by the public and private sector for proteomic research, and advancements in clinical mass spectrometry and analytical techniques are some factors which are likely to drive the growth of the market during the forecast period.

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Regional Analysis:

The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The protein sequencing market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European protein sequencing market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

The protein sequencing market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The protein sequencing market in the Middle East and Africa has been segmented into the Middle East and Africa.

Key Players:

Bioinformatics Solutions, Charles River Laboratories, Agilent Technologies, Inc., Proteome Factory, Rapid Novor Inc., Selvita, SGS, Shimadzu Corporation, Thermo Fisher Scientific Inc., and Waters Corporation are some of the key players in the global protein sequencing market.

Segmentation:

The global protein sequencing market has been segmented into products and services, technology, application, and end user.

By products and services, the market has been segmented into reagent and consumables, instruments, analysis products/software, and protein sequencing services. The instrument segment has been further segmented into mass spectrometry instruments and Edman degradation sequencers. The reagents and consumables segment accounted for the largest share of the protein sequencing products market in 2017. The factors such as ongoing advancements in protein sequencing technologies and the rising number of sequencing procedures are expected to boost the growth of the segment.

On the basis of technology, the market has been segmented into mass spectrometry and Edman degradation.

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On the basis of application, the market has been segmented into biotherapeutics, genetic engineering, and others. The biotherapeutics segment is anticipated to be the fastest growing segment during the forecast period.

The market, by end user, has been segmented into pharmaceutical and biotechnology companies, academic institutes and research centers, and others.

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